Module 0
University of South Florida
Financial Technology
The buzzword FinTech started to appear around 2015
FinTech has its own specific connotation regarding:
Business model
Area of Finance
Technologies applied in Finance
FinTech companies expands the customer base by:
Democratizing technology
Large cost-reduction with innovative/streamlined business model
B2B, B2C oriented -> P2P, Platform
Payment systems, Brokerage/Exchange services (Platform)
Paypal (Venmo), Zelle
Robinhood, Coinbase
Investments and Portfolio management
Robo-advising (Portfolio management)
High-Frequency, Algorithmic Trading (Mutual/Hedge Funds)
Credits and Loans (Banking)
The financial companies that use innovative technologies
Sample start-up companies and their business models: